Disbursement of Funds

Financial aid is awarded for the full academic year, and funds are disbursed into a student's account at the beginning of each quarter. Financial aid funds posted to the student billing account will be used to cover any direct PAU charges (e.g., tuition and fees) first. Any remaining credit balance will be refunded directly to the student. Both the Office of Financial Aid and the Bursar's Office collaborate to process refund checks available to eligible students in the first week of each quarter; however, that time-frame is not guaranteed. Please allow at least 10 days before contacting the Bursar or Financial Aid regarding your refund.

If an undergraduate, Pell-eligible student has not received a refund check within the first 7 days of the quarter, but does have an anticipated Pell Grant credit balance, the student may apply for a Loan through the Business Office.

Students have the option to receive refunds via direct deposit by completing the Direct Deposit Form available in the student portal (MyPAU) and submitting it to the Business Office. Students who do not wish to enroll in direct deposit will have to pick up their check from the Business Office during regular business hours or arrange for the check to be mailed. Please contact the Bursar's Office with questions regarding Direct Deposit.